Philippine’s economy Zone Authority (PAZE) allowed P22.78 billion in investment February promises, 70,5% increase from p9.89 billion Approved approved last year.
At a meeting on February 20, the Board of Ceka approved new and new projects expected to produce $ 241.79 million.
Nine projects are in export work, and eight technology and business management projects.
Four projects have Economic Development (Ecozone), and three have local market projects and two are involved in developing institutions.
Metro Manila projects, Calabarzon, in central Luzon, central Vicas, in the Western District, Locos and Davao region.
Recent approval includes P10.45 billion investment income to develop ECOZone where South Korean companies can access their activities.
“With Philippines-South Korea Free Application Trade application now, it cooks working with the alteration of the Base Development Development in the development of this united Economones,” says Cekeka.
“[It] It will accept many sectors, including production, industry, tourism, tourism and tourism, developing economic and development opportunities, “added.
In the first two months, the PAZA is allowed for new and new projects worth the P52.93 billion. The amount is more than four times the bills worth the promises permitted last year.
“Investing CenterReach its commitment to support In various fields and conducting the country’s economic progress, “said the Director-General of Peel Oh. Panga.
“Attractive projects from the most important industries such as emerging technology on EMS-Semicoms-Semiconductor Production Services Sector, among others, among others.
Peza said on the Track to strike its target to approve P235 billion in investment writings this year, 9-10% higher than 2024 more.
Peza said the investment in the home market (DME) have been increasing, counting p37.97 billion or 71% of the investment characters permitted in January-to FebrekeBriesed.
Since 2024, the agency has established 15 DME projects cost more than billions of P130, three of which are expected to enjoy a long set of patients after investing over P15 billion.
At that time, the secretary of trade and chairperson of the Board of Peza. Cristina A. Roque said the highest investment allowance can also be reported and the financial recovery and business tax raising opportunities for refundsEconomic strengthening (create more) an action.
“The additional rule is made by a game inputs in direct investment in the country, which promotes international investors to provide long-set and sets of prescriptions,” he said.
President Ferdinand R. Marcos, Jr. In November he signed the act of exceeding, what you want to make the country compete and are very attractive to investors.
Peza said he expected more money to get on the back of Create more Verb lock Rules and regulations (IRR) They are signed last week.
“The IRR supports the basic energy to drive investment growth, create jobs and improve sustainable development, especially in the countryside. We now offer so many benefits to investors You wish to find out in the Philippines, “said Mr. Mr.
The IRR provides clear guidelines for the provisional legislation registered businesses (RB) to continue receiving their tax motives previously given. RBES can also get additional incentives or steps Under the building of a lot. – Justine Ireland D. Tabel
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